Oswal Pumps Limited has secured a significant Letter of Intent from Telangana Renewable Energy Development Corporation (TREDCL) for a large-scale solar project. The order, valued at approximately ₹297.50 crore (including GST), involves the design, supply, installation, and commissioning of 46,705 kW of on-grid solar rooftop PV power plants across 9,937 government schools in Telangana. This project marks a major expansion into new markets for the company.
Major Solar Project Awarded
Oswal Pumps Limited has announced a significant business development with the receipt of a Letter of Intent from the Telangana Renewable Energy Development Corporation Limited (TREDCL). This award pertains to a comprehensive project for the design, supply, installation, and commissioning of on-grid solar rooftop PV power plants.
Project Details and Scope
The project encompasses a total aggregate capacity of 46,705 kW, to be deployed across 9,937 government schools in 33 districts of Telangana. The scope includes the installation of 2kW, 5kW, and 10 kW solar rooftop systems, utilizing MONO PERC/TOPCON solar modules. A key component of the contract is a 5-year comprehensive maintenance period for all installations.
Commercial Consideration
The total commercial consideration for this extensive project is approximately ₹297.50 Crore, inclusive of Goods and Services Tax (GST). This substantial order represents a significant milestone for Oswal Pumps, indicating its growing capabilities and presence in the renewable energy sector.
Strategic Importance
This project is expected to contribute significantly to the adoption of renewable energy infrastructure within educational institutions in Telangana, aligning with the state’s broader clean energy objectives. Oswal Pumps views this as an important step in expanding its market reach and strengthening its position in the solar energy domain.
Company Background
Oswal Pumps Limited is an established player in India’s renewable energy sector, particularly known for its vertically integrated approach to solar pump manufacturing. The company has a legacy of over two decades in pump engineering and offers a range of solar pumping systems. It holds ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015 certifications and is recognized under the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM).
Source: BSE
